Post by
DeepValue81 on Jun 15, 2022 12:35am
Large amount of short share availability
The short intrest is way up. The only way the shorts don't profit is by not selling at lower levels. These bums will say anything to drive price down, especially durring a market crash. I just watched an interview with Adrian Day and his take on the current market conditions as we are in a stagflation invironment similar to the 70's. We know what happened to gold, silver and the miners durring this period. They went up exponentialy. When others are trying to decieve to turn quick profits as are the current shorters of this stock, I'd love to see them scrambling to cover their positions. There is a 500,000 share lot to sell short. I wonder how deep the shorts are in. I will wait with my large position till discovery, but for those who are not patient, please don't put money in the pokets of thes bum short traders. The fed hike happens tomorrow, these hikes will do nothing to inflation. There is no way they can afford to do what needs to be done... I'm predicting that once everyone realizes we are headed for a multi-year bear market, that money will transition into what does well in a stagflation, high inflation environment. Our real money, the monetary metals and the miners who will be producing them will prosper. Either the shorts just want to get in at the lowest price they can weisel their way in, or maybe they are disgruntled pot stock holders. Long on Silver and taking my chance on the high grade speculative junior miners.
Comment by
NewChoo on Jun 22, 2022 12:59pm
The Silver market is the poster child for being beaten on a daily basis - by shorts. I'm waiting for this to change as it's just a matter of time now and I'm not selling and will be buying as soon as I get paid next month... Btw - you can check at shortdata.ca/stock/RSLV.V/ If you do please tell me what it all means? Thx -
Comment by
ValuePro on Jun 22, 2022 1:40pm
The trend will change for the better (for PMs) when the market senses that the Fed will soon exhaust itself with raising interest rates. Many observers see that coming well before the year is out. That is my thinking, too, FWIW.